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C$ eases on post-Fed greenback rally, volatile oil TORONTO: The Canadian dollar softened against its US counterpart on Tuesday, as the greenback strengthened on expectations the Federal Reserve is still on track to hike interest rates before next year and crude prices gave back some of Monday's rally.Global oil demand worries, combined with excess supply, continue to plague the commodity, with prices remaining volatile.The Fed held off hiking interest rates last week and scaled back its forecasts for US growth, but the US dollar has since rebounded as investors bet on a rise next month or in December, particularly following comments from Atlanta Fed President Dennis Lockhart.At 9:36 a.m. EDT (1336 GMT), the Canadian dollar was trading at C$1.3272 to the greenback, or 75.35 US cents, weaker than the Bank of Canada's official close of C$1.3245, or 75.50 US cents.The currency's strongest level of the session so far was C$1.322, while its weakest level was C$1.329.Canadian retail sales ...

C$ stronger after Fed holds steady TORONTO: Canada's currency gained sharply against its US counterpart on Friday, as investors broadly sold the greenback a day after the US Federal Reserve decided to hold interest rates steady amid global uncertainty.In Canada, the government reported inflation held steady in August, in line with expectations, leaving the Fed move as the main catalyst for Canadian markets."I think you need a pretty significant deviation (in inflation) to have it have a large impact on the ...
Dollar pares losses after US retail sales data NEW YORK: The dollar pared losses against the yen and euro on Tuesday as in-line growth in domestic retail sales in August signaled solid consumer spending in the third quarter, which might help sway the US Federal Reserve to raise interest rates on Thursday. The US Commerce Department said retail sales, excluding cars, gasoline, building materials and food services, rose 0.4 percent last month following an upwardly adjusted 0.6 percent increase in July. This gauge ...
Dollar steady as traders see low chance of US rate hike NEW YORK: The dollar held close to a three-week low against a basket of major currencies on Monday ahead of this week's Federal Reserve meeting, as investors bet interest rates would be kept at their record lows until at least December. The greenback has retreated from 12-year highs set in March, as rate hike expectations have been pushed back on uneven domestic data and turbulent market conditions due to worries about China, the world's No. ...
C$ weakens as oil price falls TORONTO: The Canadian dollar weakened against its US counterpart on Friday as the price of oil fell after Goldman Sachs cut its crude forecast, but trading in the currency will likely be muted ahead of next week's US Federal reserve rate decision.The currency is heading for a flat week, with a Bank of Canada policy update on Wednesday providing little direction.The conviction among Wall Street banks that the Fed will hike rates next week has ...
C$ lifted by oil but gains not expected to last OTTAWA: The Canadian dollar firmed against the greenback on Thursday, lifted by higher oil prices, although the strength was not expected to last as investors try to gauge whether the US central bank will hike interest rates as early as next week.The loonie is down nearly 14 percent for the year so far, but it has traded largely sideways in recent weeks despite some big day-to-day swings.After the Bank of Canada held interest rates steady ...
Dollar drops as stocks swoon, Fed outlook remains cloudy NEW YORK: The dollar fell on Thursday as global stock markets outside America turned downward and economic data sent contrary signals on whether the U.S. Federal Reserve would raise U.S. interest rates next week.European stocks broke a three-day run of gains with a drop of nearly 1.5 percent following a difficult session in Asia, as data showed a decline in Chinese car sales and slowing capital spending in Japan. Wall Street traded up about 1 ...


Index Closing Chg%
Arrow DJIA 17,813.39 0.01
Arrow Nasdaq 5,116.15 0.26
Arrow S&P 2,088.87 0.01
Arrow FTSE 6,337.64 0.96
Arrow DAX 11,169.54 2.15
Arrow CAC-40 4,892.99 1.51
Arrow Nikkei 19,847.58 0.39
Arrow H.Seng 22,498.00 0.40
Arrow Sensex 25,775.74 0.17

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WeeklyNovember 23, 2015
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